An employee who alleged that she had been discriminated against on the grounds of disability and had been constructively dismissed when she was forced to retire early due to ill health has been awarded the equivalent of 18 months’ salary in the recent case of An Executive Assistant v A University . Employers should take […]
A significant change to the Foundations (Jersey) Law 2009 is expected to take effect on 1 December, requiring qualified members to file an abridged version of the foundation’s regulations with the JFSC.
In the recent judgment of the Grand Court of the Cayman Islands in the matter of G3 Exploration Limited (Formerly Green Dragon Gas Ltd), Justice McMillan provided helpful guidance on the application of principles governing two pertinent areas of insolvency law in the Cayman Islands.
The financial services regulators in both Guernsey and Jersey have for several years officially recognised that regulated firms may, subject to appropriate safeguards, use electronic or digital means to meet their AML/CFT obligations to identify and verify the identities of their customers.
Jersey’s new LLC structure is mainly aimed at the US market, particularly for alternative investment and hedge funds, and its introduction by the Jersey Government is part of a deliberate US-focussed strategy intended to position Jersey as a suitable entrepôt for American investment into European assets, building on the nearly £200 billion of US assets already administered in Jersey.
In this context, the Portuguese communications regulator (ANACOM) published on 4 August 2020 a draft document aimed at transposing the EECC (the Draft Transposition of the EECC), following a public consultation launched by the Government/ANACOM on 26 November 2019, in which various stakeholders provided their inputs on the matter. As a general rule, the draft transposition […]
Wrongful trading is a term that has received quite a bit of press over the last few months, mainly through the headlines generated by the UK Government’s unprecedented amendment to the wrongful trading provisions contained within our insolvency legislation. But what exactly is wrongful trading and what has changed?
Avon and Wiltshire Mental Health Partnership & North Bristol NHS Trust v WA & Ors  EWCOP 37 Introduction This application concerned WA, a Palestinian refugee, who believes he was born on 29 December 1994, and who was therefore 25 years old. WA is a patient at Southmead Hospital, Bristol, having been admitted due to malnourishment. […]
On 16 July 2020, the AMF announced that it has amended its policy recommendation DOC-2020-03, which sets out information related to non-financial criteria such as ESG, that may be disclosed by French collective investments and foreign UCITS authorised for marketing in France.
What does the first list of ‘designated persons’ under the UK’s Magnitsky sanctions regime tell us about how they will be used?
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Taylor Wessing has worked with Wilson Sonsini Goodrich & Rosati on a new technology product to help clients concoct their return to the office strategy, the latest step in a non-exclusive agreement relationship struck by the two firms in 2019. The firms relied on software development work carried out by SixFifty, a technology subsidiary owned […]
A High Court scrap between the Bank of San Juan Internacional (BSJ) and Venezuela’s state-owned Petroleos de Venezuela (PDVSA) is ongoing after Mr Justice Foxton adjourned Allen & Overy’s bid for summary judgment. This occurred during a hearing that took place at the end of last month, during which time Dentons came on record for […]
The London Universities Purchasing Consortium (LUPC) is seeking firms for its new £30m panel. LUPC has kicked off a multi-provider framework agreement, which will also be available to to its partner members; North Eastern Universities Purchasing Consortium (NEUPC), North Western Universities Purchasing Consortium (NWUPC), Southern Universities Purchasing Consortium (SUPC), Higher Education Purchasing Consortium, Wales (HEPCW). […]
Simpson Thacher’s litigation lawyers generated more than $3m each last year, placing the New York firm at the top of the revenue per lawyer (RPL) ranking in the new Global Litigation 50 report, The Lawyer can reveal. Indeed, Simpson Thacher ($3.02m) is the only firm with an RPL figure above $3m. Its closest competitors are […]
DLA Piper is set to shake up the UK’s litigation funding market by introducing its own client pot worth £150m, financed in part by a new platform. The funding product is the result of a collaboration between DLA, Litigation Capital Management (LCM) and new third-party funder, Aldersgate Funding. Aldersgate Funding will be led by former […]
Students on the Bar Professional Training Course have voiced their anger after technical problems derailed their first online exam. Following the outbreak of the coronavirus pandemic, the BSB delayed certain BPTC exams until August then, following an outcry from students, announced the exams would be take place online instead. The delivery method chosen to allow students […]